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This is why you snipe

Discussion in 'Classic Menswear' started by dare-, May 22, 2006.

  1. odoreater

    odoreater Well-Known Member

    Messages:
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    There's also something psychological about an item that has 0 bids. For some reason, people aren't as willing to bid on something until the first bid. It's as if you want some validation from at least one other person out there in cyber space that this item is worth something. I kind of feel that way myself when bidding on something. If nobody has bid on an item that seems really good I ask myself "is there a reason that nobody is bidding? Is there something wrong with this item that I'm missing?" So, in that way, sniping also lowers the final cost of an item because you aren't letting people know until the very end that the item is at least worth something.
     

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